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Sales Compensation Manager

Design and implement innovative sales incentive strategies to boost performance
Chicago
Senior
yesterday
Beyond Finance

Beyond Finance

A financial services firm specializing in debt settlement and personalized debt resolution programs for consumers.

6 Similar Jobs at Beyond Finance

Sales Compensation Manager

At Beyond Finance, we've made it our mission to help everyday Americans escape the endless cycle of crippling debt and step into a brighter financial future. Through compassionate, individualized care, a culture focused on compliance and ethics, supportive user-centric technology, and customized financial solutions, we've helped over 700,000 clients on their path to a brighter future.

While we're proud of what we've already accomplished, we're searching for new collaborators to help us get to the next level! If you're looking to join a forward-thinking, rapidly growing organization with helping people as its number one goal, we want to hear from you.

What You Will Do:

  • Plans, design, and administer Sales, Operations, and Corporate short-term variable pay and long-term key employee equity programs that drive company performance.
  • Partner with the Sales and Operations Analytics team to evaluate employee performance and efficiency metrics and provide recommendations for performance targets.
  • Lead commissions payment analysis and target setting to establish employee and manager monthly commissions strategy.
  • Directs, designs, and plans compensation policies, objectives, and initiatives with a heavy emphasis on sales commission plans.
  • Drive organization-wide projects from end to end including strategy, execution, and communication activities.
  • Serve as subject matter expert for all compensation-related matters and maintain a strong knowledge of current compensation market trends, regulations, and laws.
  • Participate in the development, design, and maintenance of the job evaluation process, including conducting salary benchmarking, creating salary ranges, and providing recommendations.
  • Analyze internal and external market data to address compensation-related needs; prepare and present recommendations.
  • Work closely with senior management and leaders across the organization to manage and evolve related to pay and rewards programs.
  • Facilitate the annual compensation planning process and administration of the annual merit and bonus calculations.
  • Work in close coordination with the Talent Acquisition team to ensure that employee compensation attracts key talent.
  • Oversee all compensation-related tools and identify areas of process improvement to enhance the compensation program, as applicable.
  • Lead compensation compliance with legal and contractual requirements at the federal, state, and local level.
  • Direct the preparation and distribution of comprehensive communication to employees, including written communication regarding compensation and benefits.
  • Devise training to promote understanding and the ability to communicate rewards strategies and processes.

What You Need:

  • Bachelor's Degree in Computer Information Systems, Business Analytics, Human Resources, or related field.
  • Minimum of 3 years of experience in incentive compensation and commission compensation plan design and administration.
  • Experience designing and administering sales commission plans.
  • Advanced skills in SQL, Microsoft Excel and MS Office product suite, Looker, and track record of building and participating in management presentations.
  • Experience building compensation & job structures, as well as conducting market benchmarking.
  • Demonstrated ability to successfully collaborate with stakeholders at multiple levels in multiple functions both individually and within a team to provide the best solution for the business.
  • Comfort working in a high volume, fast-paced, rapidly changing, results-oriented work environment.
  • Excellent communication, influencing, partnering, and leadership skills; approachable and responsive.
  • Strong analytical skills, with the ability to communicate both qualitative and quantitative data effectively.
  • Initiative, resilience, precision, and flexibility amidst a high volume of time-sensitive projects.
  • A strong understanding of HR Technology Systems and Compensation Tools.

What Will Set You Apart:

  • Master's Degree in a Human Resources, Business or related field.
  • Prior experience working as a compensation consultant.
  • Experience using the Looker and Snowflake BI and data analytics platforms, and sales commission management software (ICMs).
  • Additional preferred credential(s): CCP, CEP

Why Join Us?

While you make a difference for others, we'll work to make a difference for you, providing an uplifting, collaborative work environment and benefits that reflect your value to us. For eligible full-time employees, we offer:

  • Considerable employer contributions for health, dental, and vision programs
  • Generous PTO, paid holidays, and paid parental leave
  • 401(k) matching program
  • Merit advancement opportunities
  • Career development & training

And finally, our team spirit and culture! We cultivate an environment of community, connection, and belonging across our entire organization.

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Sales Compensation Manager
Chicago
Sales
About Beyond Finance
A financial services firm specializing in debt settlement and personalized debt resolution programs for consumers.